Disney Spending More on Theme Parks Than on Pixar, Marvel and Lucasfilm Combined

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Disney Spending More on Theme Parks Than on Pixar, Marvel and Lucasfilm Combined

Post by hobie16 » Fri Nov 16, 2018 12:05 pm

With its television business facing significant challenges in the streaming age, and lots of popular movie franchises to put to use, Disney is spending billions to supercharge its theme park division, which has emerged as a surprisingly strong moneymaker. For the 2018 fiscal year, Walt Disney Parks and Resorts had an operating profit of $4.5 billion, an increase of more than 100 percent from five years earlier. For comparison, Disney Media Networks, home to ESPN and ABC, had a profit of $6.6 billion, a 3 percent decline.

Each of Disney’s six theme park resorts around the world is undergoing major expansion, along with Disney Cruise Line. Michael Nathanson, a longtime media analyst, estimates that Disney will spend $24 billion on new attractions, hotels and ships over the next five years. That’s more than Disney paid for Pixar, Marvel and Lucasfilm combined.

One of the most anticipated additions to Disney World is not a ride. It’s a hotel — one that will have no windows. The still-unnamed property, code-named Project Hubble by Disney Imagineering, will simulate what it might be like to sleep on board a luxury “Star Wars” starship as it zooms through the galaxy. Every window will be a video screen offering a “space view.” Guests will be encouraged to dress in “Star Wars” costumes.

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Re: Disney Spending More on Theme Parks Than on Pixar, Marvel and Lucasfilm Combined

Post by Zazu » Mon Nov 19, 2018 10:42 am

hobie16 wrote:
Fri Nov 16, 2018 12:05 pm
Each of Disney’s six theme park resorts around the world....
One wonders how much credibility to give to a report that cannot correctly count the number of Disney's theme park resorts. There are only five:

1. Anaheim
2. Orlando
3. Paris
4. Hong Kong
5. Shanghai

The Tokyo Disney Resort is owned, operated, and funded by Oriental Land Company, which works rather like a franchise, but is not owned, even in part, by the Walt Disney Company.



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Re: Disney Spending More on Theme Parks Than on Pixar, Marvel and Lucasfilm Combined

Post by WEDFan » Mon Nov 19, 2018 2:23 pm

Zazu wrote:
Mon Nov 19, 2018 10:42 am
hobie16 wrote:
Fri Nov 16, 2018 12:05 pm
Each of Disney’s six theme park resorts around the world....
One wonders how much credibility to give to a report that cannot correctly count the number of Disney's theme park resorts. There are only five:

1. Anaheim
2. Orlando
3. Paris
4. Hong Kong
5. Shanghai

The Tokyo Disney Resort is owned, operated, and funded by Oriental Land Company, which works rather like a franchise, but is not owned, even in part, by the Walt Disney Company.
Given the amount of mis-information that flows from so many sources these days, missing 1 out of six is really pretty good if you think about it! :biggrin:



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